Travel & Leisure

Travel & Leisure Market Research Reports, Analysis & Trends

The travel and leisure industry comprises of several industries that make up its network. These industries include art and attractions, exhibitions and dining, travel music and leisure activities, gambling, sports activities, lodging options and vacation destinations apart from companies that offer various forms of recreation and leisure. The travel and leisure industry is supported mainly because the general public places utmost importance upon taking annual vacations for the purposes of relaxation or education. Overall the travel and leisure industry can be summed up into four main sectors: entertainment, tourism, travel and recreation.

Entertainment consists of any activity that provides the general public with pleasure and relaxation during leisure time. Some of these activities include watching television, drama and stage performance, opera, attending theater, attending sports event and playing variety of board games or video games.

The recreation activities are intended at therapy that provides mental, emotional and physical well-being of the mind and body. Some of the recreational activities include writing, art, yoga, attending restaurants, trips to amusement parks however there are other latest forms that include adventure tourism, motor sports and extreme events such as bungee jumping, skies diving and underwater diving in deep seas have emerged in this realm as well. The tourism sector consists of travel and our agencies that manage, plan and facilitate the travel completely. Tour agencies are often used by the public to book trips and vacations and as such ensure a smooth travel. There are many types of travel forms for those travelling on trips and vacations including air, sea, and road and as well as rail. Cruises are popular for travel and leisure industry as are a variety of destination resorts worldwide.

The general entertainment industry is formed by a variety of sub-groups that create and uphold the groundwork for the general entertainment industry at large. Exhibition entertainment includes amusement parks, trade shows, and/or fairs. Mass media is made up of film, the internet, and broadcasting, amongst others. Electronic entertainment is mainly composed of video games. E-books and web based entertainment is becoming popular as well and the general public is able to watch movies and shows online itself. Radio and digital downloads are readily available online as well. Companies and sub-industries are constantly in competition with each other for viewership, subscriptions, and sales are another sub-section of general entertainment.

Leisure is the times spend away from ones regular schedule be it works, business or domestic chores. Time for leisure varies from one society to the next.

Travel & Leisure Industry Current Trends

The World Travel and Tourism Council (WTTC) estimates a 4.5 per cent per annum increase in the total amount of travel and tourism economic activity between 2002 and 2012. This is largely credited to a rise in global wealth, liberalization of international airspace, cheaper flights and the use of the Internet as a travel tool. The earnings from tourism have made it one of the world’s largest industries and the fastest growing sectors of global trade accounting for 10.7 per cent of global gross domestic product (GDP), 12.8 per cent of global exports, 8.2 per cent of global employment (or one in every 12.2 jobs), and 9.4 per cent of global capital investment.

International tourism flows are expected to reach 1.5 billion by 2020 and revenue estimated to cross $2000 billion according to The World Travel and Tourism Council. Today, only 3.5 per cent of the world population travels internationally but the number of Asian, particularly Chinese, tourists is predicted to grow enormously as the region becomes more integrated with global economy.

Major Travel & Leisure Industry Players

The scale of world domestic tourism, on the other hand, exceeds world international tourism by a ratio of 10:1. With this gradual shift in focus, the outlook for the growth of tourism in the region is promising. In Asia, China has emerged as a leading tourist destination and is poised to become the world’s top tourist destination by 2020. India receives the largest number of overseas tourists from the United Kingdom, which is its largest source market, followed by the United States, Sri Lanka, France, Germany, Canada, Japan, Australia and Singapore. The WTTC has identified India as one of the world’s foremost tourist growth centers in the coming decade. After Turkey, India is expected to achieve the fastest rate of growth of the total amount of economic activity likely to be generated by travel and tourism, at 9.7 per cent over the next 10 years. Other Asian countries like Thailand, Malaysia, Indonesia, Dubai and the Maldives will remain attractive destinations. The top tourist destinations of 2011 are Paris- France, Las Vegas- Nevada, Rome- Italy, New York City- New York, London- England, Florence- Italy, Tokyo- Japan, Sydney- Australia, San Francisco- California and Melbourne- Australia.

Qatar is set to see a steady rise in inbound tourism throughout our forecast period as the country focuses on increasing international inbound travel as well as promoting green tourism. Investment will increase as the country prepares to host the FIFA World Cup in 2022 and this benefit will be felt throughout the country and increase the overall value of the hotel industry.

The BMI US tourism report highlights our positive view of the industry, which is benefiting from a growing domestic economy in addition to a well-developed hotel sector. We expect tourist arrivals to reach 63.95mn in 2015, up by 2.4% on the 2014 figure.

Summary
Canadean's "Murmanskoye Morskoye Parokhodstvo OAO: Travel and Tourism - Company Profile and SWOT Analysis" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts, major products and services, SWOT analysis, business description, company history, key employees as well as company locations and subsidiaries.

Key Findings
This report is a crucial resource for industry executives and anyone looking to access key information about "Murmanskoye Morskoye Parokhodstvo OAO"

Top 10 Outbound Tourism Markets, Trips and Spending per Country To 2018 provides detailed information on the top 10 outbound tourism markets globally. This report analyzes market data and provides a better understanding of tourism flows and tourist expenditure.

Key Findings

Mexico is the leading tourist destination for Americans, accounting for 30.4% of total international departures in 2013. Departures to this country totaled 18.7 million in 2013

Summary
Canadean's "Dedeman Hotels and Resorts International: Travel and Tourism - Company Profile and SWOT Analysis" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts, major products and services, SWOT analysis, business description, company history, recent developments, key employees as well as company locations and subsidiaries.

Top 10 Inbound Tourism Markets, Trips and Spending per Country To 2018 provides detailed information on the top 10 inbound tourism markets globally. This report analyzes market data and provides a better understanding of tourism flows and tourist expenditure.

Key Findings

Canada is the leading source of tourists to the US, accounting for 32.4% of the total international arrivals in 2013. Arrivals from this country totaled 23.4 million in 2013

Summary
Canadean's "Sonesta International Hotels Corporation: Travel and Tourism - Company Profile and SWOT Analysis" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts, major products and services, SWOT analysis, business description, company history, recent developments, key employees as well as company locations and subsidiaries.

China's tourism market is exceptionally strong, benefiting from one of the largest potential outbound travel sectors in the world. Both inbound arrivals and outbound departures are expected to increase steadily throughout our forecast period to 2019, and the country continues to attract a range of foreign investors keen to take advantage of the high growth potential in the tourism industry. As a result, we expect to see healthy growth across all of our key market indicators including industry value and tourism related expenditure.

Over our forecast period to 2019, France is likely to remain the most popular tourist destination globally, owing to strong investment in infrastructure and its reputation as an established destination with a strong tourism offering. Arrivals growth will continue apace over this period but the saturated hotel market will see hotel numbers fall slightly, though industry value and profits are likely to rise over the time period.

The Germany tourism report examines a range of key market indicators in this established and popular tourist destination in the heart of Western Europe. Benefiting from an extremely well-developed transport network, including a wide range of regional road and rail connections, as well as a mature hotel and accommodation sector, Germany is well placed to keep up with healthy and consistent increases in tourist arrivals throughout the forecast period to 2019.

Zambia's tourism industry offers substantial opportunities for development. Visitor numbers are increasing steadily, and the country also has a large outbound tourism market, which is dominated by regional travel. Future growth may be hampered, however, by the country's underdeveloped transport and accommodation infrastructure, with few international air travel connections and limited hotel options. Zambia's tourism market is more developed than many others in the region, though it continues to linger far behind regional powerhouse South Africa.

Australia's tourism sector continued to perform well in 2014, with positive growth across inbound and domestic categories. High expenditure of AUD30.9 billion (US$28 billion) by international visitors in 2014, and AUD77.6 billion (US$70.5 billion) by domestic travelers places the Australian tourism sector in a strong position to achieve the 2020 target of AUD115 billion (US$104.4 billion) in overnight expenditure.

Product Synopsis
ICD Research's "Supreme Group B.V.: Transport and Logistics - Company Profile and SWOT Report" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts, major products and services, SWOT analysis, business description, company history, recent developments, key employees as well as company locations and subsidiaries.

The Thai travel and tourism sector posted growth during the historic period (2010-2014), despite the global financial crisis. However, due to political instability in the country, international arrivals declined in 2014. Forecast period (2015-2019) growth is also expected to be undermined by political instability, but the country's tourism sector has generally been resilient to outbreaks of political unrest in the capital, Bangkok. Tourism flows to key beach destinations suffered only temporary downturns.

This report is a crucial resource for industry executives and anyone looking to access key information about "Marriott Vacations Worldwide Corporation"

The report utilizes a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format. World Market Intelligence strictly follows a standardized research methodology to ensure high levels of data quality and these characteristics guarantee a unique report.

We anticipate that Croatia's tourism market will remain stable in the coming years. The country's membership of the EU has significantly boosted arrivals and is likely to increase infrastructure investment in the country. Arrivals growth will be relatively poor in 2015 and 2016 but is likely to pick up significantly from 2017 onwards. This will facilitate growth across a range of other key market indicators for the Croatian tourism industry.

The tourism sector of Oman, already a key area economically, is expected to see significant growth over our forecast period. With inbound travel set to increase from all geographical regions, strong international interest in the hotel sector and major improvements to the country's airports, tourism holds a lot of opportunities for potential investment.

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